Neo Formally Closes Its Legacy Community as Neo N3 Takes Over

Neo is lifeless. Lengthy dwell Neo. The unique Neo blockchain, named Neo Legacy following its substitute by Neo N3, is formally being powered down in October. It leaves behind a becoming legacy, because the blockchain that’s credited with kickstarting China’s love for good contract chains and tokenization. Famously as soon as billed because the “Chinese language Ethereum,” Neo started life as AntShares earlier than rebranding to Neo.Now, it’s time to say goodbye to Neo Legacy, which has outlived its usefulness and been changed by higher tech. Because the Neo workforce formally prepares to sundown the blockchain that’s been working robust for eight years, it’s taken the time to acknowledge the benchmarks and milestones that inform the Legacy chain’s historical past.
Neo Workforce Hits the Kill Swap
The thought of obsoleting a blockchain feels unusual since decentralized networks by their nature are supposed to dwell ceaselessly – or at the least till the final node operator unplugs. Within the case of Neo, the identify and the community isn’t being killed stone lifeless: it’s already been changed by Neo N3, and the shutdown of Neo Legacy is merely a proper observe to remaining devs and customers to maneuver operations to the chain’s successor in the event that they haven’t already.The Legacy testnet is poised to shut on June 1, earlier than the Legacy mainnet follows go well with on October 31. Previous to this, a ultimate snapshot of the community shall be taken. This may be regarded as a time capsule, or maybe a cryogenically preserved picture of the Legacy chain in its ultimate state. This isn’t being achieved only for posterity, by the way: the eight years of blockchain knowledge that the community has accrued proceed to have worth in testifying to varied occasions that occurred onchain, and thus there's an financial and historic crucial to protect this knowledge.
Nostalgia for Neo 
In its announcement confirming the legacy chain’s closure, the Neo workforce took day out to spotlight the information factors that attest to its spectacular benchmarks. Throughout its lifespan, the chain has produced over 14 million blocks, processed over 281 million transactions, and prompted the creation of almost 3 million addresses. Extra poignantly, its workforce provides that “It is the place many Neo builders started their journey and introduced their desires to life.”
However these desires haven’t been placed on pause: they’ve merely moved to Neo N3, which launched in 2021 because the next-gen successor to Neo Legacy. With builders and customers having identified for years that the Legacy chain was poised to be wound down, the official closure date gained’t come as a shock. However it’ll nonetheless give crypto OGs a couple of feels as they assume again to Neo’s outstanding run throughout the 2017 bull run, and the related highs and lows that adopted on a community that captured the trade’s creativeness, not simply in Asia, however world wide. 
So lengthy Neo Legacy and thanks for the recollections. Now it’s over to Neo N3 and its EVM sidechain Neo X for extra of the identical.
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